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Fletcher Town Council weighs three‑story buildings as developers eye Towne Centre

Fletcher Town Council · July 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Town staff said multiple investor groups have expressed interest in the Towne Centre project and Retail Strategies will deliver a draft retail recruitment plan by summer's end; councilmembers split over allowing three‑story buildings on the Highway 25 parcel.

Fletcher Town staff reported renewed developer interest in the Towne Centre project on Highway 25 and presented options for next steps, including recruitment work by a consultant and the possibility of allowing taller buildings to help finance mixed‑use development.

Mark, a town staff member presenting the management report, said Retail Strategies will prepare a draft recruitment plan "by the end of the summer" and that staff and consultants, including Buchanan Construction, have begun discussions with potential investors and brokers. He said the town is under contract…

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